Watch this video on Social Responsibility Perspective: The Stakeholder and Shareholder Approach (Alanis Business Academy, 2014) https://www.youtube.com/watch?v=vD9XJKZmXEs.
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Watch this video on Social Responsibility Perspective: The Stakeholder and Shareholder Approach (Alanis Business Academy, 2014) https://www.youtube.com/watch?v=vD9XJKZmXEs. After viewing the video, briefly share your thoughts about shareholder wealth maximization. Then, explain the advantages and disadvantages of wealth maximization from the perspective of a company's chief financial officer. Include the effect on company stakeholders, both internal (managers, employees) and external (suppliers, shareholders).
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